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Q. What is Percentage of Sales Method?
Percentage of Sales Method: - Under this process certain key ratios based on past year's information are established. These ratios is able to be ratio of sales to semi-finished goods stock, ratio of sales to raw material stock, ratio of sales to debtors, ratio of sales to finished goods stock, ratio of sales to cash balance etc. Subsequent to this sales for the next year will be estimated and the necessity of working capital will be determined on the basis of these ratios.
Case Study: Volatility Trading (a) The understanding in this case study deal with Convertible as well as Reverse-Convertible bonds. These are interesting instruments by themsel
QUESTION An audit team is currently engaged in planning the audit of the financial statements of E Limited as at 30 June 2007. This was the first accounting period during which
Explain the basic differences between the operation of a currency forward market and a futures market. Answer: The forward market is an OTC market in which the forward contract
how to write a vegetation operating cycle
Annuity
Financial assets: Financial assets/instruments represent the financial obligations that arise when the borrower raises funds in the financial market. In exchange for the funds
Write an essay explaining that the quantities of goods and services that we can produce are limited by both our available resources and by technology. Assume we want to increase
Inflation and Exchange Rates To understand the impact of inflation, several terms should be understood. For example, inflation from the investors' standpoint must be clearly de
Q. What is Cash Flow Criteria? Cash Flow Criteria: - Cash flow criteria are on the basis of cash flows rather than accounting profit. Cash flow methods are separated into two s
What is Public Finance Central, state as well as local governments handle large sums ofmoney, which are received from several sources and should be utilized in accordancewith
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